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Valerus Awarded Compression Contract for Marcellus Shale Facilities



     Valerus Awarded Compression Contract for Marcellus Shale Facilities

15,000 Horsepower Units Procured and Assembled in Southwest PA; Deployed to
the Marcellus and Utica Shale Fields

PR Newswire

HOUSTON, Nov. 14, 2013

HOUSTON, Nov. 14, 2013 /PRNewswire/ -- Valerus (www.valerus.com), one of the
world's leading providers of integrated oil and gas handling and processing
solutions, announced that they have been awarded a contract from
Pittsburgh-based EQT Corporation to provide 15,000 HP of compression for two
compression stations in southwest Pennsylvania.

(Photo:  http://photos.prnewswire.com/prnh/20131114/DA16833)  

Valerus will assemble the large horsepower components in their Smithfield,
Pennsylvania facility beginning in November. Compression and other
mission-critical equipment will be deployed in the Marcellus and Utica shale
fields leveraging Valerus and other local companies. Local hiring in the
Valerus facility is expected to increase.   

The agreement will create a local manufacturing presence and reduce delivery
time and transportation costs. This will also be an economic benefit for
Pennsylvania through the creation of new jobs to support the region's
unconventional gas market, which is expected to grow for decades. 

Valerus has served the Northeast U.S. since 2009 and opened the Smithfield
location in 2010. "This project will create more jobs at our Smithfield
facility and at the local companies that will work with us to manufacture
components," said Chris Scheve, VP of Northeast operations for Valerus. "The
sum total of this effort will be an increased ability to provide Valerus
customers in the Marcellus and Utica shale plays with access to compression
more quickly and at reduced transportation costs than if it was manufactured
elsewhere."

About Valerus
Valerus is a worldwide leader in integrated oil and gas handling and
processing. Products and services include reciprocating compressor packages,
production equipment, gas processing solutions, liquid separation systems and
a variety of professional field services. Its mission is to develop tailored
solutions for its customers by combining the most experienced people with
innovation and quality equipment. Valerus is committed to achieving the
highest standards in health, safety and environmental responsibility.

CONTACT:
Chris Wailes or Victoria Turek
cwailes@piercom.com 
vturek@piercom.com 
Pierpont Communications
Houston, Texas
713.627.2223

SOURCE Valerus

Website: http://www.valerus.com
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